2023-05-15T13:09:00-05:00 2022-06-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2021-07-01 990334518 HAWAII PUBLIC TELEVISION FOUNDATION DBA PBS HAWAII HAWA 8084625000 315 SAND ISLAND ACCESS ROAD HONOLULU HI 968192295 RONALD MIZUTANI PRESIDENT AND CEO 8084625000 2023-05-15 1 RONALD MIZUTANI 999009999 MELANIE A KING P00220997 8085311040 2023-05-15 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z RONALD MIZUTANI 315 SAND ISLAND ACCESS ROAD HONOLULU HI 968192295 11078598 0 X WWW.PBSHAWAII.ORG X 1997 HI THE MISSION OF PBS HAWAII IS TO ADVANCE LEARNING AND DISCOVERY BY SHARING STORIES THAT PROFOUNDLY TOUCH LIVES. 24 24 41 268 0 0 8846678 10360851 0 0 315836 -51452 127037 4063 9289551 10313462 0 0 0 0 2293471 2917906 0 0 704230 4965620 4947601 7259091 7865507 2030460 2447955 47313263 48102975 681429 138659 46631834 47964316 X THE MISSION OF PBS HAWAII IS TO ADVANCE LEARNING AND DISCOVERY BY SHARING STORIES THAT PROFOUNDLY TOUCH LIVES. WE BRING THE WORLD TO HAWAII AND HAWAII TO THE WORLD. 0 0 6075522 0 THE MISSION OF PBS HAWAII IS TO ADVANCE LEARNING AND DISCOVERY THROUGH STORYTELLING THAT PROFOUNDLY TOUCHES LIVES. ON AIR, ONLINE, AND IN PERSON, WE SERVE A POPULATION OF 1.4 MILLION RESIDENTS ON SIX ISLANDS ACROSS THE STATE. AS THE ISLAND'S SOLE MEMBER OF THE TRUSTED PUBLIC BROADCASTING SERVICE (PBS), WE PROVIDE QUALITY NATIONAL AND INTERNATIONAL PROGRAMMING, A COMPLEMENT OF WEEKLY LOCAL PROGRAMS, PERIODIC TOWN HALLS, A SIGNATURE LOCAL READ-ALOUD AND LITERACY PROGRAM, AND THE NATION'S FIRST STATEWIDE STUDENT NEWSCAST WITH 90 PUBLIC, PRIVATE, AND CHARTER SCHOOLS PARTICIPATING. PBS HAWAII COMBINES MULTIMEDIA AND EDUCATION TO PROMOTE LIFELONG LEARNING. CITIZENS OF ALL AGES HAVE ACCESS TO THE KNOWLEDGE THEY NEED TO MAKE INFORMED CIVIC DECISIONS; TO APPRECIATE THE ARTS, HUMANITIES AND SCIENCES; TO UNDERSTAND WORLD PUBLIC AFFAIRS AND THE TRAJECTORY OF HISTORY; AND TO BUILD COMMUNITY. 6075522 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 68 0 41 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 HI X X KAREN YAMAMOTO 8084625000 315 SAND ISLAND ACCESS ROAD HONOLULU HI 96819 JASON H HARUKI DIRECTOR/CHAIR 4.00 X X 0 0 0 RYAN KAIPO NOBRIGA DIRECTOR/VICE CHAIR 2.00 X X 0 0 0 KENT TSUKAMOTO DIRECTOR/TREASURER 2.00 X X 0 0 0 JOY MIURA KOERTE DIRECTOR/SECRETARY 2.00 X X 0 0 0 MURIEL ANDERSON DIRECTOR 1.00 X 0 0 0 JODI ENDO CHAI DIRECTOR 1.00 X 0 0 0 JAMES E DUFFY JR DIRECTOR 1.00 X 0 0 0 MATTHEW EMERSON DIRECTOR 1.00 X 0 0 0 A J HALAGAO DIRECTOR 1.00 X 0 0 0 WILBERT HOLCK DIRECTOR 1.00 X 0 0 0 SIANA HUNT DIRECTOR 1.00 X 0 0 0 NOELANI KALIPI DIRECTOR 1.00 X 0 0 0 CHERYL KA'UHANE LUPENUI DIRECTOR 1.00 X 0 0 0 IAN KITAJIMA DIRECTOR 1.00 X 0 0 0 ASHLEY TAKITANI LEAHEY DIRECTOR 1.00 X 0 0 0 KEVIN MATSUNAGA DIRECTOR 1.00 X 0 0 0 THERESIA MCMURDO DIRECTOR 1.00 X 0 0 0 BETTINA MEHNERT DIRECTOR 1.00 X 0 0 0 JEFF MIKULINA DIRECTOR 1.00 X 0 0 0 RICK NAKASHIMA DIRECTOR 1.00 X 0 0 0 KU'UHAKU PARK DIRECTOR 1.00 X 0 0 0 AARON SALA DIRECTOR 1.00 X 0 0 0 L CANDY SUISO DIRECTOR 1.00 X 0 0 0 KUHA'O ZANE DIRECTOR 1.00 X 0 0 0 RONALD MIZUTANI PRESIDENT & CEO 66.00 X 173263 0 4876 KAREN YAMAMOTO SR VP FINANCE & CFO 60.00 X 141376 0 15726 CHARLES D PARKER VP OF CONTENT 40.00 X 125499 0 17819 CHRISTINA SUMIDA VP OF ADVANCEMENT 40.00 X 108995 0 13829 549133 0 52250 4 0 1 0 0 6405 536294 9818152 509400 10360851 166902 166902 4063 0 4063 4063 4063 546782 541750 223386 5032 -223386 -218354 -218354 10313462 0 0 -47389 412623 412623 1997412 1542022 185172 270218 84309 62721 10174 11414 239826 189359 25876 24591 183736 120381 42819 20536 7144 4267 2877 34746 34746 27682 27682 356953 351256 4422 1275 238890 225669 9821 3400 239008 52046 65386 121576 384742 323663 15121 45958 852924 755153 51748 46023 19830 18385 1445 60 60 1106459 940958 97988 67513 154215 73001 80273 941 PBS GENERAL ASSESSMENT 1275346 1275346 PROGRAM INVESTMENTS 124683 124683 PREMIUMS 49050 49050 MERCHANT DISCOUNT FEES 32409 32409 43460 16612 17522 9326 7865507 6075522 1085755 704230 15677451 18341352 2106459 1666887 28294 11330 32314218 10572044 22491741 21742174 6782308 6134729 17944 19553 209066 186950 47313263 48102975 105135 102409 40000 36250 536294 681429 138659 X 42934466 44628158 3697368 3336158 46631834 47964316 47313263 48102975 X 2447955 -1089413 -26060 X 0 1 X 1 0 X 8574008 8646695 8363271 8846678 10360851 44791503 8574008 8646695 8363271 8846678 10360851 44791503 1251937 43539566 138854 174156 201503 315836 170965 1001314 45792817 0.95080 0.94080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 5950839 5950839 447542 111886 0 0 460300 432580 447542 1340422 2010633 10471 22178 32649 115075 108145 111886 335106 502659 7019751 661054 -932710 27341 6720754 5707513 47213 1294490 4542 24923 7019751 5246692 321858 165182 4396 21823 5707513 4850060 114852 309601 4357 23464 5246692 4437694 143179 296662 4277 23198 4850060 0.98497 0.01503 0.00000 1 0 3744018 3744018 18936245 3153524 15782721 9633955 7418520 2215435 21742174 X 8764669 -1089413 -1089413 9854082 27682 431698 459380 10313462 7713142 0 7713142 27682 124683 152365 7865507 PART V, LINE 4: ENDOWMENT INCOME IS EXPENDABLE TO SUPPORT PROGRAM AND SUPPORTING SERVICES. PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED PBS HAWAII'S TAX POSITIONS AS OF AND FOR THE YEARS ENDED JUNE 30, 2022 AND 2021, AND DETERMINED THAT PBS HAWAII HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. PBS HAWAII IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF EQUIPMENT -223,386. GAIN ON FORGIVENESS OF SBA PPP LOAN 536,294. INCREASE (DECREASE) IN NET ASSETS WITH DONOR RESTRICTIONS 118,790. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON INVESTMENT IN LIMITED LIABILITY COMPANY 124,683. X X X 0 0 0 0 0 0 0 0 0 RONALD MIZUTANI PRESIDENT & CEO 170263 0 3000 0 0 0 4120 0 756 0 178139 0 0 0 KAREN YAMAMOTO SR VP FINANCE & CFO 135765 0 5611 0 0 0 5689 0 10037 0 157102 0 0 0 X 3 306971 FAIR MARKET VALUE X PV SYSTEMS 1 202429 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT AND FINANCE COMMITTEE AND CIRCULATED TO THE FULL BOARD. ONCE REVIEWED, THE AUDIT AND FINANCE COMMITTEE RECOMMENDS THE ACCEPTANCE OF THE 990. THE FULL BOARD VOTES TO APPROVE THE 990 FOR SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BOARD BOOK, WHICH IS DISTRIBUTED TO ALL NEW BOARD MEMBERS. UPDATES ARE REGULARLY DISTRIBUTED TO BOARD MEMBERS. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A WE RECEIVE SALARY SURVEY RESULTS FROM LOCAL SOURCES AND FROM ASSOCIATIONS CONNECTED TO PBS NATIONAL. THE FULL BOARD HAS A PROCESS OF EVALUATION FOR THE PRESIDENT/CEO ANNUALLY TO DETERMINE MERIT WAGE INCREASES OR MERIT BONUSES. THIS PROCESS LAST OCCURRED FOR THE FISCAL YEAR BEGINNING JULY 1, 2022. SINCE JULY 1, 2020, THERE WERE FEW MERIT WAGE INCREASES FOR THE STAFF. THE MAJOR INCENTIVE WAS THE ANNUAL INCENTIVE PROGRAM MADE UP OF FOUR COMMUNITY GOALS AND FOUR PROFESSIONAL/PERSONAL GOALS WHICH WERE RATED BELOW TARGET, TARGET AND EXCEEDS TARGET. EVERYONE SHARED THE SAME SCORE FOR THE COMMUNITY GOALS. EACH MANAGER WOULD ASSESS THEIR STAFF ON THE PROFESSIONAL/PERSONAL GOALS AND IT WAS REVIEWED BY THE CEO AND THE HR MANAGER. THIS PROCESS LAST OCCURRED AT THE END OF FY22 AND ONGOING FOR FY23. WHEN THE BOARD IS SEARCHING FOR A NEW CEO, TIME IS TAKEN TO REVIEW PBS SALARY SURVEYS, OSBE SALARY SURVEYS AND HAWAII EMPLOYERS' COUNCIL SALARY SURVEYS. THE BOARD MAKES A DETERMINATION OF WHAT THE RANGE WILL BE. WHEN THE CEO IS ALREADY ONBOARD, EACH BOARD MEMBER PROVIDES AN EVALUATION OF THE CEO BASED ON THE GOALS SET FOR THAT YEAR. THE BOARD MEETS AND DETERMINES THE INCREASE AND PERFORMANCE BONUS. THE CHAIR WILL INFORM THE CFO AND A FORM IS PREPARED FOR SIGNATURE. NO MINUTES ARE TAKEN AT BOARD MEETINGS AS THEY GO INTO EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. UPCOMING BOARD MEETINGS ARE PUBLICIZED ON OUR WEBSITE. THE DOCUMENTS AVAILABLE ON OUR WEBSITE ARE THE AUDITED FINANCIAL STATEMENTS, FORM 990, LOCAL CONTENT REPORT, DIVERSITY REPORT, AND ALL REPORTING REQUIRED BY THE FCC. ALL BOARD MEETINGS ARE OPEN TO THE PUBLIC. THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS -26,060.